Even with the onset of the crypto winter, 2022 has been a breakout yr for enterprise capital funding. Cryptocurrency and blockchain firms collectively raised $30.3 billion in enterprise capital within the first half of 2022, surpassing all totals from final yr. Whereas the variety of offers has dwindled in latest months, startups on the intersection of blockchain funds, decentralized finance (DeFi), and cybersecurity proceed to draw appreciable curiosity from the VC group. The newest version of the VC Roundup highlights a few of the most intriguing financing offers from the previous month.
Associated: The Dangers and Advantages of VCs for Crypto Communities
ZEBEDEE closes $35M Sequence B
ZEBEDEE, a Bitcoin (BTC)-powered fee processor for the gaming business, has raised $35 million from varied traders together with Kingsway Capital, The Raine Group, and Sq. Enix. ZEBEDEE is actually a platform that enables recreation builders to include programmable cash, together with BTC, into their video games. The fee platform is powered by the Lightning Community, making ZEBEDEE a “Bitcoin enabler of selection” for its companions, in line with Kingsway Capital managing accomplice Afonso Campos.
So, everyone knows that the Lightning Community transfers worth immediately and is consistently rising with over 4K Bitcoin saved on its public channels. However how do you generate profits?
You requested our growth crew and right here is their reply pic.twitter.com/f3ZMpEFjhW
— ZEBEDEE (@zebedeeio) July 21, 2022
Blockchain Safety Firm Raises $90M Sequence A
Blockchain safety agency Halborn closed a $90 million funding spherical in July that was led by Summit Companions with further participation from Fort Island Ventures, Digital Forex Group, and Brevan Howard, amongst others. Halborn was based in 2019 by moral hackers providing blockchain safety companies. The corporate lately warned MetaMask customers to be weary of a phishing marketing campaign focusing on their browser wallets.
DeFi platform Hashflow raises $25 million in Sequence A funding
Hashflow, a San Francisco-based decentralized monetary buying and selling platform, has closed a $25 million funding spherical backed by a few of the most outstanding cryptocurrency enterprise funds. The funding spherical, which noticed the participation of Soar Crypto, Electrical Capital, Dragonfly Capital Companions, and GSR, will assist Hashflow broaden its product providing for market markers and institutional merchants.
See the most important offers and extra Q1 VC knowledge courtesy of @CointelegraphCS.
— Cointelegraph (@Cointelegraph) June 3, 2022
Socios acquires 24.5% of Barça Studios
Fan engagement token platform Socios introduced in early August that it will make investments $100 million in Barca Studios, the digital content material arm of soccer membership FC Barcelona. Socios, owned by blockchain expertise supplier Chiliz, will assist FC Barcelona speed up its engagement technique with Web3 and non-fungible tokens (NFTs). Particularly, Barca Studios is looking for NFT and metaverse initiatives that can assist the soccer membership have interaction with its huge world fan base, and can depend on the Socios blockchain to ship on the technique.
Associated: Crypto Biz: Gucci ‘apes’ in crypto
EtherMail secures seed funding for wallet-to-wallet communications
Web3’s electronic mail answer EtherMail has raised $3 million forward of the deliberate launch of its encrypted wallet-to-wallet communication service. Scheduled to launch within the third quarter, EtherMail allows Web3 companies to ship “wealthy, related content material on to their asset homeowners,” thereby decreasing the danger of communications fraud. The service additionally streamlines group e-newsletter distribution by enabling autonomous and self-updating mailing lists. The seed spherical was led by Material Ventures and Greenfield One.